Osun 2022: Meet A Governorship Aspirant, Dr Akinade Akanmu Ogunbiyi


Dr. Akinade Akanmu Ogunbiyi came into limelight in Osun political space some months to Osun 2018 governorship elections when he suddenly joined the race and changed the dynamics of discussion, contestation and looks of things within the People’s Democratic Party.

Before April that year, barely few knew who the Insurance guru was. But alas, he was one of the three last-standing men that went through the primaries of the PDP. He actually came second behind Senator Ademola Adeleke, the then party flagbearer.

Who is Dr Akinade Ogunbiyi?
Born on September 12, 1962, Ogunbiyi hails from Ileogbo in Ayedire local government area of the State.

Akinade Ogunbiyi, with PHD in Insurance and Risk Management (Hon) has accumulated over the years, unique skills and capabilities through his insatiable search for knowledge.

He graduated in 1986 with a Second Class Upper division in Agricultural Economics from the University of Ife, Nigeria (now Obafemi Awolowo University, Ile-Ife). He has an Executive Master’s Degree from the University of Nevarra, Barcelona, Spain; Global Executive Leadership Certificate from Yale School of Management; Certified High Potential Leader Education from Harvard Business School and a Graduate Advanced Management Leadership Course from Said Business School, University of Oxford.

Akin is an Associate Member of the Chartered Insurance Institute of the London and a Fellow of the Chartered Insurance Institute of Nigeria (FCIIN). He is a Fellow of the Nigerian Institute of Directors (FIoD); Fellow West Africa Insurance Institute, Banjul, Gambia and also a Fellow of the Risk Managers Society of Nigeria (RIMSON).

Work Experience:
Dr. Akin Ogunbiyi is the Chief Promoter/Founder/Chairman of Mutual Benefits Group. A Conglomerate with many subsidiaries in various real sector of the Nigerian and African economies.

He has worked in the Managing Director/CEO capacity for 15 years, Group Managing Director for more than 5 years and is presently the Group Chairman of the Board.

Dr. Ogunbiyi was the Chief Promoter/Founding Managing Director and Chief Executive of VTL Insurance Brokers Ltd from January 1993 to September 1995. It was the experience he gathered from here that prompted him to go ahead and found MUTUAL Benefits Assurance Plc. which commenced operations on the 2nd October, 1995.

From January 1992 to December of the same year, he held the position of the Managing Partner/Chief Executive of Finance & Insurance Experts Limited, situated at № 4, Kofo Abayomi Street, Apapa, Lagos.


Essays And Publications:

Ogunbiyi has presented papers and lectures at different fora, both locally and globally. As a seasoned insurer, he has been a facilitator at numerous seminars and workshops across the world.

Among his paper presentations are;
“Insurance Industry and Issues in Pension Management in Nigeria”, at the 2nd Edition of Business Today Pension and Insurance Awards 2014, May 5, 2015.
“The Prospects and Challenges of Micro-Insurance in Nigeria” at the First Business Journal Insurance Summit and Exhibition, October 2014.

“Product Development, Market Expansion and Penetration” at the Chartered Insurance Institute of Nigeria 2014 Insurance Professionals’ Forum, September 11, 2014
“Asking the Right Questions” at “Inter-platoon Business Plan Competition” Program Held at the NYSC Orientation Camp, Iyana Ipaja, Lagos, August 22, 2014.
“Prospects for Takaful in Key African Markets”, at the Islamic Banking Summit Africa, organised by the Central Bank of Djibouti, October 2012.

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“Be a Better You” presented at the Oxford Advanced Management Leadership Programme, October 2011.
“Good Time Management as a Critical Success Factor for Efficiency, Effectiveness and Productivity” presented at the 42nd Induction Ceremony of New Members of the Institute of Chartered Accountants of Nigeria, November 25, 2008.

“The Gulf of Guinea & Global Competitiveness of Nigeria’s Oil and Gas Sector”, at a discussion on Insurance Perspective organised by Pan-African University, May, 2008.
“Sensitization Talk on Graduate Empowerment Prospects”, at Faculty of Agriculture, Obafemi Awolowo University, Ile-Ife, July 1, 2005.

“Blazing the Trail in Post-Consolidation Era”, at Nigerian Stock Exchange Conference on the Road to Success: Nigerian Capital Markets Overview, London, June 7, 2007
“Entrepreneurship: The Challenges of Today’s Economy” at the International Youth Fellowship of CAC International Miracle Centre, Agbala-Itura, March 14, 2005.

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“Restructuring the Nigerian Insurance Industry: Will it complete the Financial Sector Loop?” At a Breakfast Meeting at Lagos Business School, March 7, 2005.
“Empowering Personnel for Optimal Performance”, at a training programme on Strengthening Leaders towards Achieving Corporate Goals: By Rmc Consulting Limited, August 12, 2003.

“Insurance Policy Structure and Risk Management Interface” at a Seminar paper presented at a seminar organised by Multinational Expertise Limited For The Nigerian Oil & Gas Industry, Gateway Hotel, Ijebu-Ode, 1999. Etc.

Akin Ogunbiyi is a recipients of several prestigious awards.

He founded Idera De Foundation, through which his campaign and philanthropic activities are anchored.

As governorship elections approaches, with Ogunbiyi in the race, other six aspirants in the PDP must be ready for a real challenge.

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About Jare Tiamiyu

A political and sport analyst, public speaker, writer, printer and online personnel. A development advocate with greater interest in SDGs goal 4 and 16.
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